Victory Supermarket (Israel) Market Value
| VCTR Stock | ILA 5,319 21.00 0.39% |
| Symbol | Victory |
Victory Supermarket 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Victory Supermarket's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Victory Supermarket.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Victory Supermarket on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Victory Supermarket Chain or generate 0.0% return on investment in Victory Supermarket over 540 days. Victory Supermarket is related to or competes with Kerur Holdings, Salomon A, Sano Brunos, and Al Bad. Victory Supermarket Chain Ltd operates supermarkets in Israel More
Victory Supermarket Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Victory Supermarket's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Victory Supermarket Chain upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.74 | |||
| Information Ratio | 0.1595 | |||
| Maximum Drawdown | 7.72 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 3.53 |
Victory Supermarket Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Supermarket's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Supermarket's standard deviation. In reality, there are many statistical measures that can use Victory Supermarket historical prices to predict the future Victory Supermarket's volatility.| Risk Adjusted Performance | 0.181 | |||
| Jensen Alpha | 0.4023 | |||
| Total Risk Alpha | 0.1317 | |||
| Sortino Ratio | 0.1666 | |||
| Treynor Ratio | 19.27 |
Victory Supermarket Chain Backtested Returns
Victory Supermarket appears to be very steady, given 3 months investment horizon. Victory Supermarket Chain owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.27, which indicates the firm had a 0.27% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Victory Supermarket Chain, which you can use to evaluate the volatility of the company. Please review Victory Supermarket's Semi Deviation of 1.28, risk adjusted performance of 0.181, and Coefficient Of Variation of 437.28 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Victory Supermarket holds a performance score of 21. The entity has a beta of 0.021, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Victory Supermarket's returns are expected to increase less than the market. However, during the bear market, the loss of holding Victory Supermarket is expected to be smaller as well. Please check Victory Supermarket's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Victory Supermarket's existing price patterns will revert.
Auto-correlation | 0.76 |
Good predictability
Victory Supermarket Chain has good predictability. Overlapping area represents the amount of predictability between Victory Supermarket time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Victory Supermarket Chain price movement. The serial correlation of 0.76 indicates that around 76.0% of current Victory Supermarket price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 203.2 K |
Victory Supermarket Chain lagged returns against current returns
Autocorrelation, which is Victory Supermarket stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Victory Supermarket's stock expected returns. We can calculate the autocorrelation of Victory Supermarket returns to help us make a trade decision. For example, suppose you find that Victory Supermarket has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Victory Supermarket regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Victory Supermarket stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Victory Supermarket stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Victory Supermarket stock over time.
Current vs Lagged Prices |
| Timeline |
Victory Supermarket Lagged Returns
When evaluating Victory Supermarket's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Victory Supermarket stock have on its future price. Victory Supermarket autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Victory Supermarket autocorrelation shows the relationship between Victory Supermarket stock current value and its past values and can show if there is a momentum factor associated with investing in Victory Supermarket Chain.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Victory Stock
Victory Supermarket financial ratios help investors to determine whether Victory Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Victory with respect to the benefits of owning Victory Supermarket security.